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Ingdan, Inc. Completes First Tranche of Share Subscription

Story Highlights
  • Ingdan, Inc. increased its total issued shares by completing the first tranche of a subscription agreement.
  • The company’s shareholding structure changed, with a significant increase in shares held by the Subscriber.
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Ingdan, Inc. Completes First Tranche of Share Subscription

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Cogobuy Group ( (HK:0400) ) has provided an announcement.

Ingdan, Inc., a company incorporated in the Cayman Islands, has completed the first tranche of a subscription agreement, increasing its total issued shares from 1,394,262,732 to 1,519,262,732. The completion of Tranche One has altered the company’s shareholding structure, with a notable increase in shares held by the Subscriber. The second tranche of completion is expected by 30 March 2025, contingent on the fulfillment of payment obligations.

More about Cogobuy Group

YTD Price Performance: 32.14%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €261M

For detailed information about 0400 stock, go to TipRanks’ Stock Analysis page.

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